August, 2007 – as a result of merger of CEVA
August, 2007 - as a result of merger of CEVA (formerly known as TNT Logistics) and EGL, the 4th largest supply chain company in the world was created. Konekta Cargo remains the exclusive network partner for the new combined company in Lithuania, Latvia and Belorus, that offers powerful integrated and competitive end-to-end supply chain solutions for our customers around the globe. The new organization will operate under brand CEVA. Founded in 1984, Houston-based EGL Eagle Global Logistics is a leading global transportation, supply chain management and information services company. With 2006 revenues of $3.2 billion, EGL's services include air and ocean freight forwarding, customs brokerage, local pickup and delivery service, materials management, warehousing, trade facilitation and procurement, and integrated logistics and supply chain management services. CEVA is a leading global logistics and supply chain management company. It designs, implements and operates complex supply chain solutions on a national, regional or global scale for multinational and large local companies. CEVA employs approximately 38,000 people and operates an extensive global network with facilities in 26 countries worldwide, and maintains 567 warehouses globally with a combined space of approximately 7.4 million square meters. For fiscal year 2006, CEVA generated sales of euro 3.5 billion.
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